Tech Company Financing Transactions
xtype Funding Round
xtype, based in Tel Aviv, raised $5.8 million in funding from Columbia Capital, Inner Loop Capital and SaaS Venture Capital.
Transaction Overview
Company Name
Announced On
9/14/2022
Transaction Type
Venture Equity
Amount
$5,800,000
Round
Seed
Investors
Proceeds Purpose
The company will use the funds to accelerate its product roadmap by growing the development team, as well as increase its presence in the US market, expanding its sales and customer success teams.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Avshalom Haviv 4
Tel Aviv, Undisclosed
IL
Tel Aviv, Undisclosed
IL
Phone
Undisclosed
Website
Email Address
Overview
ServiceNow is the most robust platform for managing IT and developing enterprise applications; we believe it should also be the most agile platform. To realize that value, we built xtype -- a deployment and release automation platform native to ServiceNow -- that triples customers' ability to deliver new features and applications in a way that accelerates digital transformation for competitive advantage. Want to learn more? Come join us!
Management Team
Title
Name
Email & Social
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About Our Venture Capital Transactions Database
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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